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Nasdaq AAPL Apple

Where Will Apple Stock Be in 3 Years?

3 years ago
As one of the best businesses in the world, Apple (NASDAQ: AAPL) has unsurprisingly been one of the best investments. In the last three years, the stock has climbed by 46%, more than doubling the 22% gain of the Nasdaq Composite index.
The Motley Fool

Intel Stock Has Soared 44% in 2023. Is It Still a Buy?

3 years ago
Chip giant Intel (NASDAQ: INTC) has been facing a series of problems that have heavily weighed on the stock over the past few years. First and foremost, the company lost its manufacturing advantage to TSMC. Chronic delays and missteps coupled with steady progress from the Taiwan-
The Motley Fool

Is Apple a Buy Now?

3 years ago
By virtually every measure, Apple (NASDAQ: AAPL) has been a huge winner for stockholders. In the past five- and 10-year periods, the shares have climbed 217% and 895%, respectively, trouncing the Nasdaq Composite. Investors would have loved to have the tech giant in their portfol
The Motley Fool

Could Intel's Mystery Foundry Customer Be Apple?

3 years ago
Chip giant Intel (NASDAQ: INTC) recently disclosed that it had received a large prepayment from an unnamed customer to secure capacity on its Intel 18A process node. Intel 18A is scheduled to be ready by the end of 2024, and the company expects it to deliver a manufacturing edge
The Motley Fool

This Warren Buffett Stock Looks Too Good to Pass Up Right Now

3 years ago
The largest position in Warren Buffett's investment portfolio is Apple (NASDAQ: AAPL). The Oracle of Omaha first took a position in the company in 2016. Due to generous returns over the years, Buffett's stake in Apple has ballooned to account for over half of his entire portfolio
The Motley Fool

Is Apple Stock Overvalued?

3 years ago
There's no question Apple (NASDAQ: AAPL) is a dominant company in the world today. But that doesn't necessarily make it a great stock to buy. In this video, Travis Hoium goes over why Apple's growth may not justify the price investors are paying for the stock.
The Motley Fool

AAPL and META: Is There More Upside Left in These Buzzing Reddit Stocks?

3 years ago
Shares of the  top technology giants Apple  ( NASDAQ:AAPL ) and Meta Platforms ( NASDAQ:META ) are among the most widely discussed stocks on the social media platform Reddit. While these shares are buzzing on Reddit and have significantly gained mentions, they have outperformed the S&P 500 Index ( SPX ) and have appreciated considerably on a year-to-date basis. Despite the rally in their prices, analysts’ average price targets suggest a decent upside in these stocks. With this background, let’s delve into these trending Reddit stocks. Can Apple's Stock Go Higher? Apple stock has gained over 37% year-to-date. However, its stock came under pressure recently due to  concerns over iPhone sales in China. Nonetheless,  Morgan Stanley analyst Erik Woodring reiterated a Buy on Apple stock on September 7 and doesn’t expect the issues to snowball. Further, Woodring added that Apple is performing well in the Chinese market.  On the other hand, Apple will  introduce its iPhone 15 and a new version of the Apple Watch on September 12. Commenting on the launch,  Goldman Sachs analyst Mike Ng said he expects the iPhone 15 to lead to an improved price/mix. He maintained a Buy on AAPL stock on August 31 and expects the company to benefit from a large installed base and lower churn.  Overall, Apple is expected to benefit from a growing installed base of paid subscriptions and strength in the Services segment. However, near-term macro uncertainty is keeping analysts a bit cautious.  Apple stock has received 22 Buy and eight Hold recommendations for a Strong Buy consensus rating. Analysts’ average price target of $207.03 implies that it can go 16.6% higher from current levels. What is the Price Target for Meta? Meta stock has gained over 148% year-to-date. Despite the surge in price, analysts’ average 12-month price target of $376.19 suggests a further upside potential of 25.96% from current levels.  The improving advertising market, the company’s focus on driving user engagement, deep  cost-cutting measures, and investments in  AI (artificial intelligence) provide a solid foundation for future revenue and earnings growth.  Citing the reacceleration in ad growth,  Morgan Stanley analyst Brian Nowak reiterated a Buy on Meta stock on September 6. Including Nowak, Meta stock has received 41 Buy recommendations. At the same time, two analysts have rated Meta stock a Hold. Overall, Meta has a Strong Buy consensus rating. The Bottom Line Apple and Meta stocks are trending on Reddit and have good long-term growth prospects. Further, analysts’ price target indicates further upside in both of these stocks. However, Meta, with higher upside potential from current levels (based on analysts’ price target) and a Strong Buy consensus rating, looks more compelling than Apple in the short term.  Disclosure
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